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Australian (ASX) Gold Industry Analysis
UpdatedMar 15, 2026
DataAggregated Company Financials
Companies151
- 7D-10.1%
- 3M-2.2%
- 1Y68.1%
- YTDn/a
Over the last 7 days, the Gold industry has dropped 10%, driven by Northern Star Resources declining 19%. On the other hand Torque Metals is actually up 34%. This takes the industry's 12 month performance to a gain of 68%. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Australian Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 15 Mar 2026 | AU$157.0b | AU$31.3b | AU$6.3b | 23.2x | 24.9x | 5x |
| Tue, 10 Feb 2026 | AU$176.5b | AU$26.2b | AU$4.6b | 29.6x | 38.8x | 6.7x |
| Thu, 08 Jan 2026 | AU$167.6b | AU$26.4b | AU$4.6b | 27.1x | 36.7x | 6.4x |
| Sat, 06 Dec 2025 | AU$151.4b | AU$26.4b | AU$4.6b | 25.3x | 33.2x | 5.7x |
| Mon, 03 Nov 2025 | AU$139.9b | AU$26.4b | AU$4.6b | 24.3x | 30.5x | 5.3x |
| Wed, 01 Oct 2025 | AU$139.3b | AU$26.3b | AU$4.6b | 18.9x | 30.2x | 5.3x |
| Fri, 29 Aug 2025 | AU$112.6b | AU$25.3b | AU$4.5b | 18.5x | 24.8x | 4.5x |
| Sun, 27 Jul 2025 | AU$97.8b | AU$22.2b | AU$3.1b | 17.2x | 31.7x | 4.4x |
| Tue, 24 Jun 2025 | AU$100.3b | AU$22.4b | AU$3.1b | 18.6x | 32.4x | 4.5x |
| Thu, 22 May 2025 | AU$100.9b | AU$22.3b | AU$3.1b | 19.6x | 32.6x | 4.5x |
| Sat, 19 Apr 2025 | AU$99.0b | AU$22.2b | AU$3.0b | 19.6x | 32.6x | 4.5x |
| Mon, 17 Mar 2025 | AU$82.1b | AU$22.2b | AU$3.1b | 19x | 26.8x | 3.7x |
| Wed, 12 Feb 2025 | AU$84.6b | AU$18.6b | AU$1.8b | 22.1x | 46.2x | 4.5x |
| Fri, 10 Jan 2025 | AU$73.4b | AU$18.7b | AU$1.8b | 21.1x | 40.3x | 3.9x |
| Sun, 08 Dec 2024 | AU$74.4b | AU$18.6b | AU$1.8b | 22x | 41.1x | 4x |
| Tue, 05 Nov 2024 | AU$78.5b | AU$18.4b | AU$1.8b | 23.3x | 43.6x | 4.3x |
| Thu, 03 Oct 2024 | AU$68.1b | AU$18.3b | AU$1.8b | 22x | 37x | 3.7x |
| Sat, 31 Aug 2024 | AU$65.6b | AU$18.0b | AU$1.5b | 24.6x | 43.4x | 3.6x |
| Mon, 29 Jul 2024 | AU$59.0b | AU$16.1b | AU$1.1b | 22.4x | 54.3x | 3.7x |
| Wed, 26 Jun 2024 | AU$56.2b | AU$16.0b | AU$1.1b | 20.4x | 52x | 3.5x |
| Fri, 24 May 2024 | AU$59.1b | AU$17.1b | AU$1.2b | 21.5x | 49.8x | 3.5x |
| Sun, 21 Apr 2024 | AU$60.4b | AU$17.2b | AU$1.2b | 24x | 50.1x | 3.5x |
| Tue, 19 Mar 2024 | AU$51.9b | AU$16.9b | AU$1.3b | 18.1x | 40.6x | 3.1x |
| Thu, 15 Feb 2024 | AU$48.0b | AU$15.6b | AU$276.3m | 22.5x | 173.6x | 3.1x |
| Sat, 13 Jan 2024 | AU$74.4b | AU$22.9b | AU$1.3b | 23.5x | 55.3x | 3.2x |
| Mon, 11 Dec 2023 | AU$74.3b | AU$22.9b | AU$1.4b | 22.2x | 55x | 3.2x |
| Wed, 08 Nov 2023 | AU$71.5b | AU$22.9b | AU$1.4b | 23.2x | 52.9x | 3.1x |
| Fri, 06 Oct 2023 | AU$66.2b | AU$23.1b | AU$1.4b | 20.9x | 48.2x | 2.9x |
| Sun, 03 Sep 2023 | AU$70.2b | AU$22.8b | AU$1.5b | 19x | 47.8x | 3.1x |
| Tue, 01 Aug 2023 | AU$69.6b | AU$22.3b | AU$542.0m | 17.8x | 128.5x | 3.1x |
| Thu, 29 Jun 2023 | AU$68.8b | AU$22.4b | AU$562.2m | 17.3x | 122.4x | 3.1x |
| Sat, 27 May 2023 | AU$69.0b | AU$22.5b | AU$603.4m | 18.3x | 114.4x | 3.1x |
| Mon, 24 Apr 2023 | AU$76.1b | AU$22.3b | AU$571.2m | 18.4x | 133.2x | 3.4x |
| Wed, 22 Mar 2023 | AU$67.2b | AU$22.3b | AU$575.2m | 15.8x | 116.9x | 3x |
Price to Earnings Ratio
116.9x
Current Industry PE
- Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 24.9x which is lower than its 3-year average PE of 60.3x.
- The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 122% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Gold compare with similar industries?
| AU Market | -2.66% | |
| Materials | -4.72% | |
| Metals and Mining | -4.35% | |
| Gold | -10.06% | |
| Steel | 3.59% | |
| Copper | -2.74% | |
| Diversified Metals and Mining | -3.58% | |
| Aluminum | -4.49% | |
| Silver | -7.71% | |
| Precious Metals and Minerals | -9.18% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TOR Torque Metals | AU$0.49 | 33.8% +AU$75.3m | 400.0% | PS1544.4x | |
| DTR Dateline Resources | AU$0.41 | 5.1% +AU$73.4m | 9,122.2% | PS1184.3x | |
| OBM Ora Banda Mining | AU$1.35 | 2.3% +AU$57.7m | 22.7% | PE11.2x | |
| HRN Horizon Gold | AU$1.53 | 9.3% +AU$47.6m | 251.7% | PB6.4x | |
| ERM Emmerson Resources | AU$0.40 | 19.7% +AU$42.5m | 216.0% | PS1421.1x |
